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Question: Julie Myers, a graduating senior in accounting, is preparing for an interview with a Big Four accounting firm. Before the interview, she sets her chances of eventually getting an offer at 50%. Then, on thinking about her friends who have interviewed and gotten offers from this firm, she realizes that of the people who received offers, 95% had good interviews. On the other hand, of those who did not receive offers, 75% said they had good interviews. If Julie Myers has a good interview, what are her chances of receiving an offer?
Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years.
"Market Entry and Monopolistic Competition" Please respond to the following: From the e-Activity article, describe your position on whether or not Apple is stifling competition and monopolizing the tablet market.
3. A small country can import a good at a world price of 10 per unit. The domestic supply curve of the good is S = 20 + 10P , D = 400 - 5P.
The government must raise tax revenue to pay for schools, police, etc. To do this, it can either tax groceries or meals at fancy restaurants. Which should it tax? Explain your reason.
Neoclassical economics was 'a crucial stage in the creation of a genuinely scientific unified theory of economic behaviour'. Discuss.
Individual investors lost millions and the NASDAQ (the stock exchange for most Internet companies) came tumbling down. What happened? Why did it happen? What could have been done to stop this unsafe surge in valuation?
karl marx argued that all value in goods and services commodities came from the expenditure of labor in production.nbsp
Merlin is like all other managers in a perfectly competitive industry except in one respect: Because of his great sense of humor, people are willing to work for him for half the going wage rate.
Table below gives total cost of producing widgets for variable output levels:
Consider a macroeconomy was initially at equilibrium level. Using the Short Run aggregate demand and aggregate supply model graphically illustrate and discuss the short-run of the following events upon economic activity:
Suppose that the price of good X rises and the price of good Y falls in such a way that the consumer's new optimal consumption bundle lies on the same indifference curve as his old bundle. Graph this situation. Compare the quantities demanded be..
Calculate the expected welfare loss, E(WL), from buying this policy. (HINT: the expected welfare loss is the sum of the areas of the two triangles times their probabilities.)
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